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What happens if the R&D costs are capitalized and the results never produces a final product that is marketable or a patent or copyright? Would
What happens if the R&D costs are capitalized and the results never produces a final product that is marketable or a patent or copyright? Would the company then have to go back and expense the R&D costs and take the loss years later?
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GAAP state that most research and development costs should be taken as an expensiv...
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
